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DannyM(Initiate)Initiate
5 June 2025

Dear ATO Community

One of my clients has closed her super in the past and got a lumpsum payment by using a compasionate ground, whatever it was. Fast forward now, she still hasn't met her preservation age and she would like to use carry-forward concessional contributions to reduce the capital gains tax from selling her investment property. The ATO doesn't have the balance of the carry forward contributions, presumably since she had no super left up until now that she opens a new super account. Can she use the carry forward contributions (to the max, including FY2025) considering she had no contributions at all in the last five years? Thanks. 



280 views
1 replies
280 views
1 replies

All replies

KaraATO(Community Support)Community Support
9 June 2025

Hi @DannyM,


Your client might be able to use carry-forward concessional contributions, but there are a few things to check:

  1. Super balance limit: To use carry-forward contributions, their total super balance must be under $500,000 at 30 June of the previous financial year. Since they've had no super for a while, they probably do meet this rule.
  2. Unused contributions: People can use unused concessional contributions from their last five years. But if they didn't have a super account or any contributions from those years, we mightn't have tracked those unused cap amounts.
  3. Checking with ATO Online Services: They can check their carry-forward concessional cap online. If nothing shows up, they might only be able to contribute the standard concessional cap for FY2025.


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Carry Forward Concessional Contributions for Someone who didn't have Super Balance anymore | ATO Community